Do I Have to Use the Builder’s Preferred Lender in Utah?
No. You can use any lender you choose. Most Utah builders tie their incentive — the rate buydown or closing cost credit — to their preferred lender, so using an outside lender often means giving up that incentive. Have your own lender review the builder’s loan estimate rather than trying to replace it; five to ten years ago an outside lender could often beat the builder’s package outright, but today that rarely happens.
Full breakdown, including when an outside lender can still win: Do I Have to Use the Builder’s Preferred Lender in Utah? · Utah Builder Incentives Explained